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A new car is purchased for 15300 dollars. The value of the car depreciates at 14.25% per year. What will the value of the car be, to the nearest cent, after 6 years?​
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3 votes
A new car is purchased for 15300 dollars. The value of the car depreciates at 14.25%

per year. What will the value of the car be, to the nearest cent, after 6 years?​

User Nitin Chhajer
by
6.0k points

2 Answers

3 votes

Answer:

$6082.70

Explanation:

User Martin Kristiansson
by
5.2k points
2 votes

Answer:

6082.70

Step-by-step explanation

15300 × .8575 × 8575 × .8575 × .8575 × .8575 × .8575 = 6082.69727735

6082.69727735 rounds to 6082.70

User Deponovo
by
5.4k points
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